Intellectus Partners LLC Grows Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Intellectus Partners LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,127 shares of the company’s stock after purchasing an additional 582 shares during the period. Intellectus Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,125,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Pettinga Financial Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $529,000. QRG Capital Management Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.3% in the third quarter. QRG Capital Management Inc. now owns 3,238 shares of the company’s stock worth $580,000 after buying an additional 219 shares in the last quarter. Kornitzer Capital Management Inc. KS bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $2,730,000. JB Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $292,000. Finally, TFB Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 32.8% during the 3rd quarter. TFB Advisors LLC now owns 3,031 shares of the company’s stock worth $543,000 after acquiring an additional 749 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $176.69 on Friday. The firm has a fifty day moving average price of $179.07 and a two-hundred day moving average price of $179.07. The company has a market cap of $73.45 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.

About Invesco S&P 500 Equal Weight ETF

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).